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Facebook Libra News.

Libra is a permissioned blockchain digital currency proposed by the American social media company Facebook, Inc.

The currency and network do not yet exist, and only rudimentary experimental code has been released. The launch is planned to be in 2020.

The project, currency, and transactions are to be managed and cryptographically entrusted to the Libra Association, a membership organization of companies from payment, technology, telecommunication, online marketplace and venture capital, and nonprofits.

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